vocabulary unit 2 Flashcards

1
Q

affluent

A

wealthy

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2
Q

budget

A

a plan that shows the amount of money available to spend

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3
Q

credit

A

a method that allows you to buy things and pay for them later

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4
Q

debt

A

money that you owe

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5
Q

disposable income

A

the money remaining after your bills are paid

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6
Q

loan

A

money you borrow or lend

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7
Q

materialistic

A

valuing money and possessions very highly

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8
Q

pay back

A

to return the money that you owe someone

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9
Q

sacrifice

A

to give up something valuable to help yourself or others

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10
Q

save up (for something)

A

to put aside money for future use

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11
Q

splurge

A

to spend a lot of money on something, usually something you don’t need

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12
Q

thrifty

A

careful with money

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13
Q

value

A

to attach importance to something

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14
Q

economist

A

a person who studies the way in which money is used in society

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15
Q

fair deal

A

a good business arrangement

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16
Q

entrepreneur

A

a person who starts his or her own business

17
Q

stability

A

a situation that is calm and not likely to change suddenly

18
Q

headache

A

a big problem

19
Q

impact

A

to have an effect on someone or something

20
Q

run out (of something)

A

to have no more of something

21
Q

snowball

A

to increase rapidly

22
Q

terms

A

the parts of the contract that all sides must agree on

23
Q

profit

A

money that is earned in business minus expenses